Investment One Divests Mutual Fund and Pension Subsidiaries | The Guardian Nigeria News
Investment One Financial Services Limited (Investment One), a leading financial services group in Nigeria, has announced the sale of its subsidiaries, Investment One Funds Management Limited and Investment One Pension Managers Limited, to Guaranty Trust Holding Company Plc.
The transaction represents the next chapter in the strategic development of Investment One Financial Services. The transaction enables the Group to refocus its investment management and investment banking services on its high net worth and corporate clients while allowing its individual clients to benefit from GTCO’s network and service platforms in the management of their UCITS.
The directors and senior management of Investment One are convinced that this transfer is a step in the right direction for the Group. He expects the transition to be smooth given the cultural and operational similarities between the group and their former parent company now represented by GTCO.
Investment One Group CEO, Mr. Nicholas Nyamali, said he was delighted that the group could play an instrumental role in GTBank’s strategy to adopt a holding company structure while offering mutual funds and pension customers a broader service platform.
“We are pleased that our subsidiaries are part of our former group of parent companies and we are confident that our former customers will continue to receive excellent services after the transfer to GTCO, which is based on a common heritage based on professionalism, service excellence and innovation.After the transaction is completed, Investment One Financial Services Group will continue to offer robust investment management, investment banking and digital services while pursuing the next phase of our strategy to expand our business activities internationally.”
Investment One Financial Services (Investment One) is a major player in the Nigerian financial services industry with distinctive offerings in private banking and trust, investment management, real estate, private equity/ venture capital, investment banking and securities brokerage.
Investment One has a team of investment professionals ready to provide clients with premium services based on deep market knowledge, innovation and service excellence.